Marvin Ellison is chairman and chief executive officer of Lowe’s Companies Inc., a FORTUNE® 50 home improvement company with more than 2,200 stores and approximately 300,000 associates in the United States and Canada.
Marvin has more than 35 years of retail leadership and operational experience within Fortune 500 companies. Prior to joining Lowe’s, Marvin served as chairman and CEO of J.C. Penney Co., where he delivered positive sales growth, reduced debt and generated positive adjusted earnings per share.
He has extensive experience in the home improvement industry, having spent 12 years in senior-level operations roles with Home Depot Inc. Most notably he served as executive vice president of U.S. stores from 2008 to 2014, dramatically improving customer service and efficiency across the organization as he oversaw U.S. sales, operations, installation services, tool rental and pro strategic initiatives. Prior to Home Depot, Marvin spent 15 years at Target Corp. in a variety of operational and leadership roles.
Marvin earned a bachelor’s degree in business administration from The University of Memphis, where he currently serves on the board of trustees. He also holds an MBA from Emory University. Marvin serves on the board of directors for FedEx Corporation and the Retail Industry Leaders Association.
Marvin’s professional and civic leadership has earned him many accolades; most notable are Barron’s “Top CEOs” in 2021 and 2020, “2017 Father of the Year” by the National Father’s Day Council, Fortune’s 2016 “World’s Greatest Leaders,” and “Corporate Executive of the Year” in 2016 by Black Enterprise.
Marvin and his wife Sharyn are committed to being of service within their faith and communities, primarily through the support of organizations that promote higher education, self-empowerment and excellence for minority youth.